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FCNR deposit in demand: $1,277 extra interest on $10,000 investment by NRIs after RBI's latest move?FCNR interest rates: The Indian government will now cover hedging costs for fresh 3 to 5-year FCNR(B) deposits until September 30, 2026. Th...
Short-end Indian debt gains as RBI dollar measures spur buyingShort-term Indian government bond yields have dropped to their lowest in three months. This move steepens the yield curve significantly. Ex...
Some lenders hike rates on FX deposits for non-resident IndiansIndian banks have significantly increased interest rates on foreign currency deposits for Non-Resident Indians, with some hikes reaching 35...
Banks pay 7% on dollar deposits as India seeks fresh foreign currencyIndian banks are significantly increasing rates on foreign-currency deposits to attract overseas residents, testing the central bank's new ...
Elon Musk's xAI, SpaceX hit with class action over data center 'nuisance'The lawsuit, made public on Tuesday in federal court in Oxford, Mississippi, claims Musk's companies negligently failed to curb the distu...
From tax exemption to FCNR(B) deposits: How India is trying to attract foreign capitalIndia is taking steps to attract foreign investment and boost its economy. The Reserve Bank of India and the government have introduced new...
FPI inflows into FAR securities rise by Rs 8,795 cr after govt tax exemption moveForeign investors are pouring money into Indian government bonds. This follows a tax exemption on interest and capital gains for investment...
Anand Mahindra fascinated by this Indian city where people can drink water straight from tap; explains why they don't need RO purifiers or bottled waterAnand Mahindra Puri water story: Puri, a coastal city in India, now offers tap water safe for direct consumption. This achievement stems fr...
Increase in limits for NRI and OCI investors to invest in stock market without SEBI registration, RBI GuvThe Reserve Bank of India has boosted investment limits for non-resident Indians, Overseas Citizens of India, and other individuals residin...
RBI widens direct equity access for overseas investors, doubles investment limits under PISThe RBI has doubled investment limits for overseas individual investors under the Portfolio Investment Scheme and extended direct equity ac...
Saudi Arabia issues new property ownership rules for foreign companiesSaudi Arabia has updated rules for foreign companies wanting to buy property. These companies do not need to conduct business in the Kingdo...
Migsun Group to invest Rs 250 crore in developing serviced apartment project in Delhi’s RohiniMigsun Group will invest Rs 250 crore to build nearly 500 luxury serviced apartments in Delhi's Rohini. This project will cater to corporat...
RBI expects healthy foreign capital inflows, better balance of payments after easing measuresThe RBI is introducing new measures to attract foreign investment. These steps aim to boost capital inflows and improve India's balance of ...
Strong backing, but light touch: What is the RBI's rupee playbook?The Reserve Bank of India will let the rupee's value be set by the market. It will only step in if trading becomes too unstable. Simultaneo...
RBI raises investment limits for NRIs, OCIs; Extends equity route to overseas individualsThe Reserve Bank of India has increased investment limits for Non-Resident Indians and Overseas Citizens of India in stock market equity in...
RBI courts overseas investors as oil prices and capital outflows weigh on rupeeThe Reserve Bank of India has introduced new measures to draw foreign investment. These steps aim to boost the country's finances and suppo...
Marcellus launches global equities fund in GIFT City, targets AI, defence and luxury themesMarcellus Investment Managers has launched a global equities fund through GIFT City, offering Indian investors access to overseas stocks. T...
BPTP to invest Rs 1,200 crore in developing Gurugram projectBPTP Limited is investing Rs 1,200 crore in a new luxury residential project in Gurugram's Sector 66. The development will feature 504 resi...
Planning to move to Malaysia? Here's what you need to knowMalaysia My Second Home (MM2H) offers long-term residency through an investment scheme with four categories: Platinum, Gold, Silver, and SE...
Crisis as credibility test: How the UAE’s response to the Iran-Israel conflict could shape its next decade as a global residency hubThe UAE's promise of a safe haven faces its biggest test amid the Iran conflict. Despite heightened tensions, daily life remains stable, sh...